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Last month the state of Texas saw 11,562 property foreclosures posted, which was 22.4% less than the month of January as reported by Realty Trac. The foreclosure rate drop in Texas is hopefully a good sign of things to come.Nationwide the foreclosure listing service reported a total of 225,101 properties in foreclosures, that included those those that received default notices, were scheduled for auction or bank repossessions. This was a 14% decrease from the month of January. When compared to this same time last year, there was a drop of a whopping 27%. This was the highest year-over-year decrease since 2005. February being (3 comments)
Georgetown Public Library Needs Your Help - 03/29/11 03:25 PM
Georgetown Public Library needs your help with their kickoff event to raise funds for a bookmobile. A bookmobile is essentially a portable library that will allow Georgetown residents with limited mobility easier access to books and other materials. The library is also hoping to reach low-income children who would like to participate in the summer reading program but do not have a way to get to the library. The library intends to name the bookmobile "Words on Wheels," or the WOWmobile. It is estimated that this project will cost a total of $150,000 for everything. The Friends of the Georgetown Public (0 comments)
Texas Holding its Own When it Comes to the Construction Industry - 03/24/11 09:40 AM
In an economy where the construction industry is seeing more loss than gains, the state of Texas and the Austin area is holding its own according to data recently released by The Associated General Contractors of America. The great state of Texas added 3,700 construction jobs between December 2010 and January of 2011. Throughout the country there were 28 states and Washington D.C. that added jobs in the construction industry between the last month of 2010 and the first month of 2011, as reported by a recent job-growth analysis done by AGC.The Lone Star state was a top performer when it came to (2 comments)
Plans are in the works to transform Hutto-co-op into a municipal center. At the February 3rd City Council meeting, plans were announced to issues bonds this month for $630,000 for the full design of an intern city hall building and civic green. The city of Hutto will also seek proposals for private partners to help develop the center and the surrounding property this upcoming spring. The city of Hutto's finance director, Micha Grau, said a private developer's role is a necessary step in putting the plan into action. The new development will include a mixture of retail, residential, and office spaces. (0 comments)
Georgetown ISD Soon to Make Changes to the High School - 03/17/11 09:12 PM
The 2011-12 school year will bring big changes to Georgetown ISD as they transition to two high schools. The Board of Tustees approved the transition at their February 21st meeting. When school begins next fall the current ninth grade campus will become Georgetown East View High School and will host grades 9 and 10. Georgetown High School will host students grades 9 through 12. The change will be essentially just adding one more grade to the Georgetown East View High School campus each year. JD Janda, Georgetown ISD Director of Fine Arts and a member of the high school transition team (0 comments)
Multimillion Dollar Campus To Be Built In Cedar Park Will Bring More Jobs - 03/15/11 09:48 PM
On March 4th the Tolteq Group held a groundbreaking ceremony for their multimillion dollar campus that will be going up near Bushy Creek and Toll 183 A in Cedar Park. Approval for the construction was given by the Cedar Park city council on February 24th and the Tolteq Group wasted no time in getting started. The Tolteq Group was founded in Cedar Park in 1993 and specializes in the manufacturing of Measurement While Drilling (MWD) equipment that is used in the oil and gas industry. Staying true to where they were founded, company President Paul Deere chose to stay in Cedar Park for (2 comments)
Home Sales in the Austin Area Saw Big Gains in January - 03/10/11 09:02 AM
The month of January was a good month for home sales in the Austin area. Home sales were up 14% percent for the month of January with a total of 975 homes sold according to the Multiple Listing Service. Not only were there more homes sold in the month of January but they sold for six percent higher than they did in January of 2010. The average home price in the Austin area right now is $190,000, which is up 4.1 percent from the fourth quarter of last year. Currently, the average number of days on the market for a home to sell is (0 comments)
Cedar Park To Get New City Hall - 03/08/11 02:55 PM
Cedar Park City Hall has been bulging at its seams to the point that closets were turned into offices. At the Februrary 24th City Hall meeting, City Council members approved a budget that would allow the city to purchase the Galleria at Red Oaks to provide for more room.The Galleria at Red Oaks consists of seven buildings and one retail strip. The building complex has been vacant since it was built in 2007. The strip mall currently has King Noodle Restaurant, Customary Couture, Contenders Sports Bar & Grill and C2 Education which all will remain there. City staff are expecting to be occupying the building (0 comments)
Cedar Park and Leander Expected to See Large Growth - 03/03/11 11:08 PM
In the next two years, as the housing market in Austin begins to recover, Cedar Park and Leander are expected to see large growth. Home building in the Austin area is expected to rise in the near future. According to Eldon Rude, the Market Director for MetroStudy Austin, recent housing market data showed favorable signs that would indicate steady growth in 2011 and a drastic increase in new homes being built in 2012.Over the past few years home building has slowed in the Austin area but that has not been the case in the Cedar Park and Leander area. Austin Board (0 comments)
Budget Cuts Impact The Opening Of Leander ISD Elementary School - 03/02/11 08:20 AM
Leander Independent School District has not been spared when it comes to being impacted by the recession and budget shortfalls. The School Board members recently voted to postpone the opening of what would have been Elementary School No. 24 which is located in Red Oaks subdivision.Delaying the opening of the school until the fall of 2012 is estimated to save the district $630,000. Those students who would have been attending school No.24 will remain at their current schools next year. At this time it is estimated that the school district will have anywhere between an $18 to $28 million shortfall as (2 comments)
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